Tulsa Estate Attorney Blog
Brief Guide to the Affidavit of Small Estate
Are you dealing with the complexities of a loved one passing away without a will? The Affidavit of Small Estate may be the solution you need. With this legal document, you can access bank accounts and assets worth less than $50,000 without the need for probate. However, it's crucial to understand the specific requirements and limitations of using an Affidavit of Small Estate. For more information on when and how to utilize this tool, reach out to me at OklahomaCityAttorney.com. Let's navigate the process together and ensure your loved one's wishes are carried out smoothly. Thank you for considering this important topic. Read more »
Effective Methods to Avoid Probate: An Overview
Avoiding probate can be a complex process, but with the right planning, you can ensure that your assets are distributed according to your wishes without the need for court intervention. One effective method is to create a revocable living trust, which allows your assets to bypass probate and pass directly to your beneficiaries. Another option is to establish an irrevocable trust, which can provide additional benefits in terms of asset protection and tax planning. By exploring these various strategies, you can gain peace of mind knowing that your estate will be handled in a smooth and efficient manner. To learn more about these options, read our article and contact us for further assistance. Read more »
The Horrors of Holographic Wills: Avoid These Costly Mistakes
Are you aware of the potential pitfalls of using a holographic will? Handwritten wills may not cover all of your assets, leaving room for unintended consequences. In the event that some of your property is not accounted for, it could pass through intestate succession, potentially impacting your loved ones' inheritance. Additionally, failing to name a guardian for your minor children in a holographic will could leave their future uncertain. To ensure that your final wishes are clearly outlined and legally binding, it's important to understand the limitations of handwritten wills. For more information on this topic, please read the full article on our website. Read more »